Power and Restraint in China's Rise

Power and Restraint in China's Rise PDF Author: Chin-Hao Huang
Publisher: Columbia University Press
ISBN: 0231555628
Category : Political Science
Languages : en
Pages : 144

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Book Description
Honorable Mention, 2024 T.V. Paul Best Book in Global International Relations, Global International Relations Section, International Studies Association Conventional wisdom holds that China’s rise is disrupting the global balance of power in unpredictable ways. However, China has often deferred to the consensus of smaller neighboring countries on regional security rather than running roughshod over them. Why and when does China exercise restraint—and how does this aspect of Chinese statecraft challenge the assumptions of international relations theory? In Power and Restraint in China’s Rise, Chin-Hao Huang argues that a rising power’s aspirations for acceptance provide a key rationale for refraining from coercive measures. He analyzes Chinese foreign policy conduct in the South China Sea, showing how complying with regional norms and accepting constraints improves external perceptions of China and advances other states’ recognition of China as a legitimate power. Huang details how member states of the Association of Southeast Asian Nations have taken a collective approach to defusing tension in maritime disputes, incentivizing China to support regional security initiatives that it had previously resisted. Drawing on this empirical analysis, Huang develops new theoretical perspectives on why great powers eschew coercion in favor of restraint when they seek legitimacy. His framework explains why a dominant state with rising ambitions takes the views and interests of small states into account, as well as how collective action can induce change in a major power’s behavior. Offering new insight into the causes and consequences of change in recent Chinese foreign policy, this book has significant implications for the future of engagement with China.

The Rise of the People’s Bank of China

The Rise of the People’s Bank of China PDF Author: Stephen Bell
Publisher: Harvard University Press
ISBN: 0674073614
Category : Business & Economics
Languages : en
Pages : 360

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Book Description
With $4.5 trillion in total assets, the People’s Bank of China now surpasses the U.S. Federal Reserve as the world’s biggest central bank. The Rise of the People’s Bank of China investigates how this increasingly authoritative institution grew from a Leninist party-state that once jealously guarded control of banking and macroeconomic policy. Relying on interviews with key players, this book is the first comprehensive and up-to-date account of the evolution of the central banking and monetary policy system in reform China. Stephen Bell and Hui Feng trace the bank’s ascent to Beijing’s policy circle, and explore the political and institutional dynamics behind its rise. In the early 1990s, the PBC—benefitting from political patronage and perceptions of its unique professional competency—found itself positioned to help steer the Chinese economy toward a more liberal, market-oriented system. Over the following decades, the PBC has assumed a prominent role in policy deliberations and financial reforms, such as fighting inflation, relaxing China’s exchange rate regime, managing reserves, reforming banking, and internationalizing the renminbi. Today, the People’s Bank of China confronts significant challenges in controlling inflation on the back of runaway growth, but it has established a strong track record in setting policy for both domestic reform and integration into the global economy.

China's Rise

China's Rise PDF Author: C. Fred Bergsten
Publisher: Peterson Institute
ISBN: 0881324345
Category : Business & Economics
Languages : en
Pages : 292

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Book Description
Helps the United States and the rest of the world better comprehend the facts and dynamics underpinning China's rise. This book analyzes the data on China's economy, foreign and domestic policy, and national security.

1368

1368 PDF Author: Ali Humayun Akhtar
Publisher:
ISBN: 9781503638136
Category : History
Languages : en
Pages : 0

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Book Description
"With the goal of understanding China's future in a changing international landscape, this book offers a new picture of China's rise since the Age of Exploration and its historical impact on the modern world. The establishment of the Great Ming dynasty in 1368 was a monumental event in world history. A century before Columbus, Beijing sent a series of diplomatic missions across the South China Sea and Indian Ocean that paved the way for China's first modern global era. In 1368, Ali Humayun Akhtar maps China's ascendance from the embassies of Admiral Zheng He to the arrival of European mariners and the shock of the Opium Wars. In Akhtar's new picture of world history, China's current rise evokes an earlier epoch, one that sheds light on where Beijing is heading today. Spectacular accounts in Persian and Ottoman Turkish describe palaces of silk and jade in Beijing's Forbidden City. Malay legends recount stories of Chinese princesses in Melaka with gifts of porcelain and gold. During Europe's Age of Exploration, Iberian mariners charted new passages to China that the Dutch and British East India Companies transformed into lucrative tea routes. Among the ships' passengers were Italian Jesuits, whose linguistic skills facilitated book projects with local mapmakers and botanists published in Amsterdam. But there was a shift during the British Industrial Revolution, one that pointed to Europe's high-tech future. Across the British Empire, the rise of steam engines and factories allowed the export of the very commodities once imported from China. By the end of the Opium Wars and the arrival of Commodore Perry in Japan, Chinese and Japanese reformers called for their own industrial revolutions, one that would accelerate in the twentieth century. What has the world learned from China since the Ming, and how did China reemerge in the 1970s as a manufacturing superpower? Akhtar's book provides much-needed context for understanding China's rise today and the future of its connections with the West and a resurgent Asia"--

Vernacular Industrialism in China

Vernacular Industrialism in China PDF Author: Eugenia Lean
Publisher: Columbia University Press
ISBN: 0231550332
Category : History
Languages : en
Pages : 254

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Book Description
In early twentieth-century China, Chen Diexian (1879–1940) was a maverick entrepreneur—at once a prolific man of letters and captain of industry, a magazine editor and cosmetics magnate. He tinkered with chemistry in his private studio, used local cuttlefish to source magnesium carbonate, and published manufacturing tips in how-to columns. In a rapidly changing society, Chen copied foreign technologies and translated manufacturing processes from abroad to produce adaptations of global commodities that bested foreign brands. Engaging in the worlds of journalism, industry, and commerce, he drew on literati practices associated with late-imperial elites but deployed them in novel ways within a culture of educated tinkering that generated industrial innovation. Through the lens of Chen’s career, Eugenia Lean explores how unlikely individuals devised unconventional, homegrown approaches to industry and science in early twentieth-century China. She contends that Chen’s activities exemplify “vernacular industrialism,” the pursuit of industry and science outside of conventional venues, often involving ad hoc forms of knowledge and material work. Lean shows how vernacular industrialists accessed worldwide circuits of law and science and experimented with local and global processes of manufacturing to navigate, innovate, and compete in global capitalism. In doing so, they presaged the approach that has helped fuel China’s economic ascent in the twenty-first century. Rather than conventional narratives that depict China as belatedly borrowing from Western technology, Vernacular Industrialism in China offers a new understanding of industrialization, going beyond material factors to show the central role of culture and knowledge production in technological and industrial change.

In China's Wake

In China's Wake PDF Author: Nicholas Jepson
Publisher: Columbia University Press
ISBN: 0231547595
Category : Business & Economics
Languages : en
Pages : 239

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Book Description
In the early 2000s, Chinese demand for imported commodities ballooned as the country continued its breakneck economic growth. Simultaneously, global markets in metals and fuels experienced a boom of unprecedented extent and duration. Meanwhile, resource-rich states in the Global South from Argentina to Angola began to advance a range of new development strategies, breaking away from the economic orthodoxies to which they had long appeared tied. In China’s Wake reveals the surprising connections among these three phenomena. Nicholas Jepson shows how Chinese demand not only transformed commodity markets but also provided resource-rich states with the financial leeway to set their own policy agendas, insulated from the constraints and pressures of capital markets and multilateral creditors such as the International Monetary Fund. He combines analysis of China-led structural change with fine-grained detail on how the boom played out across fifteen different resource-rich countries. Jepson identifies five types of response to boom conditions among resource exporters, each one corresponding to a particular pattern of domestic social and political dynamics. Three of these represent fundamental breaks with dominant liberal orthodoxy—and would have been infeasible without spiraling Chinese demand. Jepson also examines the end of the boom and its consequences, as well as the possible implications of future China-driven upheavals. Combining a novel theoretical approach with detailed empirical analysis at national and global scales, In China’s Wake is an important contribution to global political economy and international development studies.

Minjian

Minjian PDF Author: Sebastian Veg
Publisher: Columbia University Press
ISBN: 0231549407
Category : History
Languages : en
Pages : 386

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Book Description
Who are the new Chinese intellectuals? In the wake of the crackdown on the 1989 democracy movement and the rapid marketization of the 1990s, a novel type of grassroots intellectual emerged. Instead of harking back to the traditional role of the literati or pronouncing on democracy and modernity like 1980s public intellectuals, they derive legitimacy from their work with the vulnerable and the marginalized, often proclaiming their independence with a heavy dose of anti-elitist rhetoric. They are proudly minjian—unofficial, unaffiliated, and among the people. In this book, Sebastian Veg explores the rise of minjian intellectuals and how they have profoundly transformed China’s public culture. An intellectual history of contemporary China, Minjian documents how, amid deep structural shifts, grassroots thinker-activists began to work outside academia or policy institutions in an embryonic public sphere. Veg explores the work of amateur historians who question official accounts, independent documentarians who let ordinary people speak for themselves, and grassroots lawyers and NGO workers who spread practical knowledge. Their interventions are specific rather than universal, with a focus on concrete problems among disenfranchised populations such as victims of Maoism, migrant workers and others without residence permits, and petitioners. Drawing on careful analysis of public texts by grassroots intellectuals and the networks and publics among which they circulate, Minjian is a groundbreaking transdisciplinary exploration of crucial trends developing under the surface of contemporary Chinese society.

The Rise of China vs. the Logic of Strategy

The Rise of China vs. the Logic of Strategy PDF Author: Edward N. Luttwak
Publisher: Harvard University Press
ISBN: 0674071255
Category : Political Science
Languages : en
Pages : 191

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Book Description
As the rest of the world worries about what a future might look like under Chinese supremacy, Edward Luttwak worries about China’s own future prospects. Applying the logic of strategy for which he is well known, Luttwak argues that the most populous nation on Earth—and its second largest economy—may be headed for a fall. For any country whose rising strength cannot go unnoticed, the universal logic of strategy allows only military or economic growth. But China is pursuing both goals simultaneously. Its military buildup and assertive foreign policy have already stirred up resistance among its neighbors, just three of whom—India, Japan, and Vietnam—together exceed China in population and wealth. Unless China’s leaders check their own ambitions, a host of countries, which are already forming tacit military coalitions, will start to impose economic restrictions as well. Chinese leaders will find it difficult to choose between pursuing economic prosperity and increasing China’s military strength. Such a change would be hard to explain to public opinion. Moreover, Chinese leaders would have to end their reliance on ancient strategic texts such as Sun Tzu’s Art of War. While these guides might have helped in diplomatic and military conflicts within China itself, their tactics—such as deliberately provoking crises to force negotiations—turned China’s neighbors into foes. To avoid arousing the world’s enmity further, Luttwak advises, Chinese leaders would be wise to pursue a more sustainable course of economic growth combined with increasing military and diplomatic restraint.

Never Forget National Humiliation

Never Forget National Humiliation PDF Author: Zheng Wang
Publisher: Columbia University Press
ISBN: 0231148917
Category : Political Science
Languages : en
Pages : 312

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Book Description
How could the Chinese Communist Party (CCP) not only survive but even thrive, regaining the support of many Chinese citizens after the Tiananmen Square crackdown of 1989? Why has popular sentiment turned toward anti-Western nationalism despite the anti-dictatorship democratic movements of the 1980s? And why has China been more assertive toward the United States and Japan in foreign policy but relatively conciliatory toward smaller countries in conflict? Offering an explanation for these unexpected trends, Zheng Wang follows the Communist governmentÕs ideological reeducation of the public, which relentlessly portrays China as the victim of foreign imperialist bullying during Òone hundred years of humiliation.Ó By concentrating on the telling and teaching of history in todayÕs China, Wang illuminates the thinking of the young patriots who will lead this rising power in the twenty-first century. Wang visits ChinaÕs primary schools and memory sites and reads its history textbooks, arguing that ChinaÕs rise should not be viewed through a single lens, such as economics or military growth, but from a more comprehensive perspective that takes national identity and domestic discourse into account. Since it is the prime raw material for constructing ChinaÕs national identity, historical memory is the key to unlocking the inner mystery of the Chinese. From this vantage point, Wang tracks the CCPÕs use of history education to glorify the party, reestablish its legitimacy, consolidate national identity, and justify one-party rule in the post-Tiananmen and postÐCold War era. The institutionalization of this manipulated historical consciousness now directs political discourse and foreign policy, and Wang demonstrates its important role in ChinaÕs rise.

The China Boom

The China Boom PDF Author: Ho-fung Hung
Publisher: Contemporary Asia in the World
ISBN: 9780231164191
Category : Capitalism
Languages : en
Pages : 0

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Book Description
A systematic investigation into the origins and unraveling of China's economic miracle.